Decades, the petrochemical industry is the first double-digit negative growth
Double-digit negative growth in the first quarter
With the first quarter of the National Bureau of Statistics broadcast some financial procedure facts and numbers, on the first quarter of China's financial recovery that will step-by-step disperse to live at a bigger percentage of the household finances of the latest expansion in the petrochemical commerce and how? Our reporter from the China Petroleum and Chemical Industry Association obtained the first quarter facts and numbers display that the first quarter of 2009 by the economic urgent position, the nationwide oil and chemical commerce in the finances of double-digit contradictory growth.
"National oil and chemical industry is still in the first quarter of the economy is running low." China Petroleum and Chemical Industry Association Under-Secretary-General Feng shi liang industry has long been concerned about running the data, he told this reporter in an interview, pointed out, including production, marketing, foreign trade economic benefits, such as indicators of four double-digit negative growth.
From the output, the yield worth of the entire commerce 1.26 trillion yuan, up 14 per hundred down turn, in which the exploitation of crude oil and natural gas commerce 42.8%, 20.3% down turn in oil perfecting industry; 2.9 per hundred down turn in the chemical commerce, chemical commerce which organic chemicals, inorganic chemicals, ethylene and downstream goods that have varying qualifications of decline.
From a market perspective, the completion of industry-wide sales of 1.23 trillion production value, up 14.5 percent decline; production rate was 97.4 percent, 0.62 percentage points year-on-year decline; the industry price index dropped 16.94 percent year-on-year.
From foreign deal, the export delivery worth of 72.97 billion yuan, higher 24.1 per 100 diminish, which fell 41.3 per 100 substance salt, soda ash, caustic soda plunged 44.1 per 100, 25.1 per 100 diminish in tire, Dye fell 43.0 percent.
From the financial issue of outlook, anticipated a earnings of 60 billion yuan, up 47.5 per hundred decline.
"This is a double-digit negative growth over the past decade have never been, because over the past decade are being double-digit growth." However, the same Feng shi liang said that the month from 1-3 pm monthly trend, all industry and there have been some positive changes and bright.
Gradually decline the output of decreased output in January year-on-year down turn in GDP by 21.4%, 12.4% down turn in February, falling 8.4 per hundred in March, dropped step-by-step tapered, and under-employment rate has improved; some goods market rebound indications of down turn in merchandise inventory, anecdotes receivable reduced. Mainly echoed in sales in January year-on-year down turn in yield by 21.4%, 12.4% down turn in February, 8.9 per hundred down turn in March; merchandise inventory down turn mostly echoed in: the peak five petrochemical goods supply dropped 18.2 at the end of three %, the five businesses at the end of the 3 anecdotes receivable declined 38.7 per hundred year-on-year on a rebound in some markets; financial impetus has slowed down down, 1-Feb industry-wide earnings dropped 56.4 per hundred, 1 -3 month earnings dropped 47.5 per hundred cumulative down turn to slender the almost 9 per hundred, the peak five businesses in March year-on-year earnings development of 13.2%.
Feng shi liang sharp out that the above-mentioned facts and numbers display that the petrochemical enterprises to evolve in a affirmative main heading, 1-March from several facts and numbers down to several double-digit variety will be step-by-step decreased, but not before July to affirmative growth.
"July 2008 is the year of petrochemical industry the highest point in all measures, foundation, and now from the knowledge in July terminal year, there is a greater distance. In supplement, exports of petrochemical industry persisted to diminish, thinned worker appeal, it is difficult in this in the past the July year-on-year positive growth. "Feng shi liang further spiky out that the growth of the petrochemical industry is mostly propelled by money, alternatively demand.
Industry analysts have said that whereas at this stage of development counts mostly on the stimulation of buying into, but because of the revitalization of the petrochemical commerce and change of designing to work out the main heading of the buying into, so the stimulation of buying into will not adversely sway the development of the industry. "The designing apparently sharp out that the petrochemical commerce will aim on the change of merchandise structure, eradicating in turn around output capability, optimize the layout, not low-level redundant building, and recognised a little Policy large-scale pressure."
First half of next year will be warmer or
Feng shi liang petrochemical industry has prolonged been anxious come seal running the various knowledge, he found that the first quarter of this year, the majority of petrochemical industry is a negative growth of knowledge, simply the positive growth of money in set supplies, set supplies money growth in the first quarter of 22.5 percent.
"This displays that the petrochemical commerce 1-3 month turn for the better presentation mostly by buying into demand other than drag, and this development is reliant on the development of the homeland in diverse parts to the general going by car, this is not selected up the rebound in the genuine market demand. "he said.
Feng shi liang's outlook coincides with the economist Fan Gang. Fan metallic that even so the first quarter of the relevant knowledge has transformed, but China's economy has not bottomed out, but also in the bottom there is a removing time span in the past, financial collections deficiency to digest the stock. The existing fiscal recovery depends mostly on the 4 trillion yuan of money propelled alternatively appeal driven. Fan Gang envisage in 2009 China's economy has been poised in the low and reach to the end of the year, may be in the second half of 2010 in lead to have real growth in demand.
"We can see the promotion of economic development Troika: exports, consumption and investment. Which reflects the consumption and export data are on the decline, including the CPI and PPI, economic recovery now depends mainly on how to invest in try for."
Feng shi liang that, given the special nature of the petrochemical industry, the economic crisis will impact the industry for some time lag, as all sectors supporting the industry, people's life can not be separated from chemical products, as long as the consumer will demand for chemical products. Therefore, the state of the 4 trillion yuan in the petrochemical industry will have a significant impact on the indirect and direct. He believes that if the judge set up a Fan Gang, 2010 demand growth in the second half of the normal pick-up in the petrochemical industry may be one step ahead of the first half of 2010 there have been positive rebound.
Nevertheless, most analysts continue to believe that the current development of the industry is still facing some difficulties during the development of the industry reflected the need to focus on new features, including the export of petrochemical products, the company's production and operation status.
"Petrochemical goods such as foreign imports into the Chinese market expanded than the more dangerous the impact of the worker market. Such as organic chemicals, synthetic materials and other goods, import prices of worker goods than the market price of 600-1500 yuan per ton smaller, imports demonstrated couple index finger growth. The export circumstances is immobile grim, immobile a expanded fall in exports, export delivery worth of the industry for three months plunged 31.2 per 100, respectively, 16.6% and 23.0%, the monthly export delivery worth of no noticeable pointers of developments, immobile demonstrated double-digit rate of export of a downward trend. "pointed out that the above-mentioned persons.
In supplement, the petrochemical enterprises are immobile operating rate is not high, even so in December terminal year and January this year, a slight recoil, but are immobile low. Such as the operating rate of fertilizer finance for come seal 85%, soda ash enterprise operating rate of come seal 70%, calcium carbide enterprises operating rate of 50% of enterprises operating rate of formaldehyde in come seal 30%.
In outlook of the overhead, the China Petroleum and Chemical Industry Association, worried about numerous facets from the development of the industry. Including the reinforcing of the fast answer data, the procedure of the commerce worried about the new position and new difficulties and sensitivity of matters pertaining to the assemblage abstract of the report contemplate the applicable agencies at all grades, support for policy; pay close vigilance to the influx of foreign goods in China market expansion, especially trades of petrochemical goods to pathway the capacity and cost alterations of new and timely investigation to explain trade friction between the principle recommendations; commerce should step up functional change, eradicate in turn around output capability, and optimize the developed layout, and advance commerce competitiveness. - 18418
With the first quarter of the National Bureau of Statistics broadcast some financial procedure facts and numbers, on the first quarter of China's financial recovery that will step-by-step disperse to live at a bigger percentage of the household finances of the latest expansion in the petrochemical commerce and how? Our reporter from the China Petroleum and Chemical Industry Association obtained the first quarter facts and numbers display that the first quarter of 2009 by the economic urgent position, the nationwide oil and chemical commerce in the finances of double-digit contradictory growth.
"National oil and chemical industry is still in the first quarter of the economy is running low." China Petroleum and Chemical Industry Association Under-Secretary-General Feng shi liang industry has long been concerned about running the data, he told this reporter in an interview, pointed out, including production, marketing, foreign trade economic benefits, such as indicators of four double-digit negative growth.
From the output, the yield worth of the entire commerce 1.26 trillion yuan, up 14 per hundred down turn, in which the exploitation of crude oil and natural gas commerce 42.8%, 20.3% down turn in oil perfecting industry; 2.9 per hundred down turn in the chemical commerce, chemical commerce which organic chemicals, inorganic chemicals, ethylene and downstream goods that have varying qualifications of decline.
From a market perspective, the completion of industry-wide sales of 1.23 trillion production value, up 14.5 percent decline; production rate was 97.4 percent, 0.62 percentage points year-on-year decline; the industry price index dropped 16.94 percent year-on-year.
From foreign deal, the export delivery worth of 72.97 billion yuan, higher 24.1 per 100 diminish, which fell 41.3 per 100 substance salt, soda ash, caustic soda plunged 44.1 per 100, 25.1 per 100 diminish in tire, Dye fell 43.0 percent.
From the financial issue of outlook, anticipated a earnings of 60 billion yuan, up 47.5 per hundred decline.
"This is a double-digit negative growth over the past decade have never been, because over the past decade are being double-digit growth." However, the same Feng shi liang said that the month from 1-3 pm monthly trend, all industry and there have been some positive changes and bright.
Gradually decline the output of decreased output in January year-on-year down turn in GDP by 21.4%, 12.4% down turn in February, falling 8.4 per hundred in March, dropped step-by-step tapered, and under-employment rate has improved; some goods market rebound indications of down turn in merchandise inventory, anecdotes receivable reduced. Mainly echoed in sales in January year-on-year down turn in yield by 21.4%, 12.4% down turn in February, 8.9 per hundred down turn in March; merchandise inventory down turn mostly echoed in: the peak five petrochemical goods supply dropped 18.2 at the end of three %, the five businesses at the end of the 3 anecdotes receivable declined 38.7 per hundred year-on-year on a rebound in some markets; financial impetus has slowed down down, 1-Feb industry-wide earnings dropped 56.4 per hundred, 1 -3 month earnings dropped 47.5 per hundred cumulative down turn to slender the almost 9 per hundred, the peak five businesses in March year-on-year earnings development of 13.2%.
Feng shi liang sharp out that the above-mentioned facts and numbers display that the petrochemical enterprises to evolve in a affirmative main heading, 1-March from several facts and numbers down to several double-digit variety will be step-by-step decreased, but not before July to affirmative growth.
"July 2008 is the year of petrochemical industry the highest point in all measures, foundation, and now from the knowledge in July terminal year, there is a greater distance. In supplement, exports of petrochemical industry persisted to diminish, thinned worker appeal, it is difficult in this in the past the July year-on-year positive growth. "Feng shi liang further spiky out that the growth of the petrochemical industry is mostly propelled by money, alternatively demand.
Industry analysts have said that whereas at this stage of development counts mostly on the stimulation of buying into, but because of the revitalization of the petrochemical commerce and change of designing to work out the main heading of the buying into, so the stimulation of buying into will not adversely sway the development of the industry. "The designing apparently sharp out that the petrochemical commerce will aim on the change of merchandise structure, eradicating in turn around output capability, optimize the layout, not low-level redundant building, and recognised a little Policy large-scale pressure."
First half of next year will be warmer or
Feng shi liang petrochemical industry has prolonged been anxious come seal running the various knowledge, he found that the first quarter of this year, the majority of petrochemical industry is a negative growth of knowledge, simply the positive growth of money in set supplies, set supplies money growth in the first quarter of 22.5 percent.
"This displays that the petrochemical commerce 1-3 month turn for the better presentation mostly by buying into demand other than drag, and this development is reliant on the development of the homeland in diverse parts to the general going by car, this is not selected up the rebound in the genuine market demand. "he said.
Feng shi liang's outlook coincides with the economist Fan Gang. Fan metallic that even so the first quarter of the relevant knowledge has transformed, but China's economy has not bottomed out, but also in the bottom there is a removing time span in the past, financial collections deficiency to digest the stock. The existing fiscal recovery depends mostly on the 4 trillion yuan of money propelled alternatively appeal driven. Fan Gang envisage in 2009 China's economy has been poised in the low and reach to the end of the year, may be in the second half of 2010 in lead to have real growth in demand.
"We can see the promotion of economic development Troika: exports, consumption and investment. Which reflects the consumption and export data are on the decline, including the CPI and PPI, economic recovery now depends mainly on how to invest in try for."
Feng shi liang that, given the special nature of the petrochemical industry, the economic crisis will impact the industry for some time lag, as all sectors supporting the industry, people's life can not be separated from chemical products, as long as the consumer will demand for chemical products. Therefore, the state of the 4 trillion yuan in the petrochemical industry will have a significant impact on the indirect and direct. He believes that if the judge set up a Fan Gang, 2010 demand growth in the second half of the normal pick-up in the petrochemical industry may be one step ahead of the first half of 2010 there have been positive rebound.
Nevertheless, most analysts continue to believe that the current development of the industry is still facing some difficulties during the development of the industry reflected the need to focus on new features, including the export of petrochemical products, the company's production and operation status.
"Petrochemical goods such as foreign imports into the Chinese market expanded than the more dangerous the impact of the worker market. Such as organic chemicals, synthetic materials and other goods, import prices of worker goods than the market price of 600-1500 yuan per ton smaller, imports demonstrated couple index finger growth. The export circumstances is immobile grim, immobile a expanded fall in exports, export delivery worth of the industry for three months plunged 31.2 per 100, respectively, 16.6% and 23.0%, the monthly export delivery worth of no noticeable pointers of developments, immobile demonstrated double-digit rate of export of a downward trend. "pointed out that the above-mentioned persons.
In supplement, the petrochemical enterprises are immobile operating rate is not high, even so in December terminal year and January this year, a slight recoil, but are immobile low. Such as the operating rate of fertilizer finance for come seal 85%, soda ash enterprise operating rate of come seal 70%, calcium carbide enterprises operating rate of 50% of enterprises operating rate of formaldehyde in come seal 30%.
In outlook of the overhead, the China Petroleum and Chemical Industry Association, worried about numerous facets from the development of the industry. Including the reinforcing of the fast answer data, the procedure of the commerce worried about the new position and new difficulties and sensitivity of matters pertaining to the assemblage abstract of the report contemplate the applicable agencies at all grades, support for policy; pay close vigilance to the influx of foreign goods in China market expansion, especially trades of petrochemical goods to pathway the capacity and cost alterations of new and timely investigation to explain trade friction between the principle recommendations; commerce should step up functional change, eradicate in turn around output capability, and optimize the developed layout, and advance commerce competitiveness. - 18418
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